Kevin Swango

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Kevin Swango

Kevin Swango

@SwangoKevin

I prefer to drive a dependable car that is beat-up just enough so I never have to take the keys out of the ignition.

Indiana, USA เข้าร่วม Ocak 2017
712 กำลังติดตาม241 ผู้ติดตาม
Kevin Swango
Kevin Swango@SwangoKevin·
@dpakman Have you never been around an older person? He's not having a bit of a problem standing. Lol. He didn't stumble or struggle. TDS is an issue with you.
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Kevin Swango
Kevin Swango@SwangoKevin·
@dpakman Can you compare that for me to a world with less terrorism financing or less support to Israel or more people around the globe happy about Iran never having a nuclear bomb? Do you think maybe in two years the fuel prices might be way less because of greater peace in the region?
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David Pakman
David Pakman@dpakman·
Thanks to Trump, gas is up 45% in 2 months and you have to show up 4 hours early to make your flight. But NO MEN IN WOMEN’S SPORTS, or something like that, right?
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Psibirskiy
Psibirskiy@Psibirskiy·
@MarieSm51834660 @DowdEdward so you approve of the president of the united states manipulates the market for self benefit because: insert reason here it is not a position for self benefit for any reason...especially to manipulate
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Edward Dowd
Edward Dowd@DowdEdward·
Brazen insider trading. Everyone sees it.
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Kevin Swango
Kevin Swango@SwangoKevin·
@Rajatsoni Meanwhile those who support bitcoin never put in the basic work of learning what a currency is and how bitcoin doesn't fit most of the requirements. No one backs your play money. No skilled craftsman will ever take it for services. Please get an education not just a degree
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Rajat Soni, CFA
Rajat Soni, CFA@Rajatsoni·
I've noticed on social media that most people are willing to comment on topics they don't quite understand yet They're not looking at content from an analytical standpoint They're just looking to argue I post videos about Bitcoin, and 99% of the comments seem to come from people who have no clue what they're talking about and haven't even watched the video This is why most people aren't getting Bitcoin They aren't willing to learn They just want to argue They just want to defend their ego and their view of the world They can't get through a 10 minute video without scrolling away This is why most people can't read a Bitcoin book They already think they know everything about money, so what's there to learn? Most people won't figure out how Bitcoin works until much, much later They won't start questioning the legacy financial system until Bitcoin is 10% of all of the assets in the world At that point, institutions will probably own 90% of the supply and they're just going to borrow against it if fiat still exists You're going to be fighting for the other 10% with people who figured it out decades before you And they're not gonna give theirs away easily They're going to ask for goods and services that they actually benefit from They're not going to give you their Bitcoin for fiat currencies You're going to be paying much more for Bitcoin at that point You'll be working (exchanging your time, energy, skills, effort) for it
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Kevin Swango
Kevin Swango@SwangoKevin·
@ZynxBTC Can we build a battery with bitcoin? How about a data center? Is bitcoin required to build a phone? Bitcoin only has the value cultists say it does. It's never had a war fought over it. It's never had a king or queen rule because of it. There's nothing superior about silver.
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Zynx
Zynx@ZynxBTC·
I tried to warn about buying Silver at $120 when everyone was pivoting into the precious metals. It's now at $70. The difference with Bitcoin is that not only is it the superior asset, it's also an ideological and moral mission for many of us. We are holding no matter what.
Zynx@ZynxBTC

Whoever bought Silver above $120 could be holding that position for a very long time. Have a look a the charts and see what happens when Silver has a blow-off top. Probably won't be any different this time. If it were me I'd sell and rotate into Bitcoin which is very oversold.

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Jeff Swanson
Jeff Swanson@theswansjr·
Fiat Fan: The dollar is relativily stable. Brother, the dollar has lost 97% of its purchasing power since 1913. If your home lost 97% of its value you'd set it on fire and and call it a day. But sure. Relatively stable. They told you inflation is 2%. Your rent doubled. Your groceries are up 40%. Your kid's tuition is a war crime. Money is a tool for buying and selling. So why does the tool lose value every single year without exception? Imagine if your hammer shrunk 3% annually. You'd get a new hammer. Bitcoin fixes this.
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Kevin Swango
Kevin Swango@SwangoKevin·
@shaguncrypto I own zero bitcoin with no mortgage and hundreds of thousands in precious metals that everyone will take as payment. I don't know a single skilled person who will ever take bitcoin for their services. Only desk jockeys will and they certainly don't make the world go 'round.
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Shagun Makin
Shagun Makin@shaguncrypto·
I own 1 BTC, no mortgage, no stress - no one claps. Friend owns 3 condos, drowning in loans - everyone applauds. Does system worships leverage, not freedom?
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Kevin Swango
Kevin Swango@SwangoKevin·
@shaguncrypto Bitcoin will never be worth a million dollars each. It doesn't have the qualities to be general currency and the average person doesn't even care about or will ever need it.
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Shagun Makin
Shagun Makin@shaguncrypto·
How Smart Investors Buy House 🔥 Cash in Hand $200,000 • Invested $160,000 in Bitcoin • Down Payment $40,000 Took $160,000 Home Loan EMI $1,300/month Set aside $1,300/month while holding Bitcoin. After 15–20 years: • House Paid Off • Bitcoin worth $1M+
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Kevin Swango
Kevin Swango@SwangoKevin·
@theswansjr According to you though, only above average people want it. It will never be worth much over time because the average person won't care about it.
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Jeff Swanson
Jeff Swanson@theswansjr·
Bitcoin is the best hope the average person has to escape inflation and regain control of their own money. Yet so many people are against Bitcoin. Why?
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Kevin Swango
Kevin Swango@SwangoKevin·
@Rajatsoni I'm not going to ignore your post. I am going to tell you that in 20 years no one other than the same cultists who now want it is going to want your bitcoin. Because of that and because it will never be general currency, bitcoin will never be worth 1 or 10 million dollars.
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Rajat Soni, CFA
Rajat Soni, CFA@Rajatsoni·
People seem to think I'm constantly pushing Bitcoin because I get something out of it I get nothing out of you (as an individual) buying Bitcoin, and your buys will very likely be too small to have any impact on the market price I constantly post about Bitcoin because I KNOW that every entity in the world will be chasing it In 20 years, you won't get 1 BTC for $67,000 You will be paying $10M+ after all the governments and financial institutions buy as much as they can I get nothing from convincing individuals to buy In fact, it's extremely stressful to answer questions from arrogant individuals who have spent zero hours studying but claim to know where Bitcoin is going My posts are designed to help you to get ahead in life by owning the best asset in the world I KNOW Bitcoin will be much higher in a few years I KNOW that Bitcoin will be the world reserve asset, and everybody on earth will need it to save for the future as fiat currencies slowly steal your purchasing power I KNOW Bitcoin is headed to $10M+ I also am aware that 99% of people have done no research on this topic because mainstream media has told them its a scam I want you to open your eyes to this Your future financial position makes zero difference to me But if I can help more people get out of the rat race, I will do whatever I can to achieve that If you knew the key to helping others avoid financial failure, wouldn't you share it? But you don't have to listen to me - go read a Bitcoin book Here's a list of books I think are worth your time if you want to understand Bitcoin: 1) The Bitcoin Standard 2) The Fiat Standard 3) Fiat Food 4) Layered Money 5) Broken Money 6) The Big Print 7) The Price of Tomorrow 8) The Internet of Money 9) Rich Dad, Poor Dad 10) The Psychology of Money Most people will ignore this post, but I hope you don't
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₿itPulse 🫀
₿itPulse 🫀@BitPulse_X·
@ProofOfMoney Bitcoin is a lighthouse in a stormy sea of misinformation, steadfastly guiding the willing ships to safe harbor 🙃
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Terence Michael
Terence Michael@ProofOfMoney·
I can tell you exactly what Bitcoin is. It's not difficult. However, YOU are difficult. YOU are the one assuming, projecting, parroting, and misinforming, without learning. Because you're unwilling to learn, it requires a lot of explaining (for YOU).
Terence Michael tweet media
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Kevin Swango
Kevin Swango@SwangoKevin·
@JeffDespommier @ProofOfMoney I have a degree in econ from IU. You're an amateur and bitcoin value only exists in peabrain cultists skulls - in other words, bitcoin is pure fiat.
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Jeffrey Despommier
Jeffrey Despommier@JeffDespommier·
@ProofOfMoney Agree. Most are not willing to take the time to read, research and educate themselves. For anyone interested in learning more about bitcoin and economics in general, check out these books. Anything else you would add or recommend?
Jeffrey Despommier tweet media
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Kit
Kit@kit_sats·
Bitcoin is not a scam. The real scam is trading 40 years of your life for money they can print.
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Kevin Swango
Kevin Swango@SwangoKevin·
@shaguncrypto It's 100% mandatory that general currency be expandable and contractable to account for business cycles and population. Fiat bitcoin doesn't have what it takes to be currency. Scarcity is its downfall.
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Shagun Makin
Shagun Makin@shaguncrypto·
Me at 45 Bitcoin is $1.2M per coin Governments holding BTC in reserves. Companies paying dividends in sats. People finally understanding why 21 million matters.
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Rajat Soni, CFA
Rajat Soni, CFA@Rajatsoni·
Most people do everything society wants them to, just to fit in They use debt to: - Go to school - Buy a house - Buy a car - Pay for a wedding - Pay for entertainment Most people are also: - Broke - Miserable - Working a job they hate - Making monthly payments forever - Owners of 0 assets Be different
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Kevin Swango
Kevin Swango@SwangoKevin·
@OrlaCarlinn @LarkDavis Thanks for illustrating scarcity is its downfall. If only governments, institutions and a select few individuals own/trade it, there isn't enough of it for the masses. The common person will not accept it because neither will others in their economic circle.
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Orla Carlin
Orla Carlin@OrlaCarlinn·
People still think Bitcoin’s scarcity is a marketing line. It’s actually simple math. If even a small fraction of the world’s millionaires wanted 1 BTC, supply would disappear overnight. The real question is: what happens when governments and institutions start competing for the same coins?
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Lark Davis
Lark Davis@LarkDavis·
Saylor said it. "There isn't enough Bitcoin for everyone." He's right. Here's the math that should keep you up at night. Total supply: 21 million coins. That's it. That's all there will ever be. But the real number is already much lower than that. Around 3.7 million BTC are estimated to be lost forever, locked in wallets whose owners forgot passwords, threw away hard drives, or died without leaving instructions. Add Satoshi's 1.1 million coins that have never moved once in 15 years. Then add Strategy's 720,000 BTC that Saylor has made crystal clear he will never sell. Then add the 328,000 BTC locked in the US Strategic Reserve, which by executive order cannot be sold. That's roughly 6 million Bitcoin gone or frozen before we even start talking about every other whale, institution, and government quietly stacking. The amount realistically available on the open market is somewhere around 15 million coins. And we're being generous with that number. Now here's where it gets interesting. There are roughly 60 million millionaires in the world. If every single one of them wanted just one whole Bitcoin, there still wouldn't be enough to go around. And that's before the other 8 billion people show up to the party. Saylor wasn't being dramatic. He was just doing arithmetic.
Michael Saylor@saylor

There isn’t enough Bitcoin for everyone.

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Adam Livingston
Adam Livingston@AdamBLiv·
Bitcoin was $126k five months ago and now it’s on sale for $72k. Man that’s CRAZY! Buying more.
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Kevin Swango
Kevin Swango@SwangoKevin·
@theswansjr It's not money and never will be. You cultists can only trade amongst yourselves. It doesn't have the characteristics required for general currency.
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Jeff Swanson
Jeff Swanson@theswansjr·
Imagine spending your free time rooting against the greatest form of money ever created. Not trying to improve it. Not learning. Just hating.
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Lindsay
Lindsay@lindsaybitcoin·
Fiat currency has a way of making you feel like you’re constantly running out of time
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Jack.poor 🇦🇲
Jack.poor 🇦🇲@RealJackPoor·
You can take out a $71,000 loan right now at 7.5% and buy 1 BTC. In 10 years, you'll owe the bank $124,000 Bitcoin's price in 10 years? Easily $500k-$1M. That's a 5-10x profit for FREE. Worst case, Bitcoin is $120k, and you break even. Easiest way to be a millionaire.
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